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NSLDS Medic

This must have site automates the .pdf generation of the required NSLDS Sheets for the annual submission of SLRP from https://studentaid.gov

Note: Prior to creating an account with NSLDS Medic, be sure to logon to studentaid.gov to ensure login and password are current, and answer verification questions to authenticate your account.

Manage the chaos, and let NSLDS Medic help!

  • $3.99 one-time payment per year
    * (Know the month and day of the Start Date of service obligation, or anniversary date)
  • SIGNUP / Create Account / OTP will be sent
  • LOGIN / enter Email Address and Password / Sheets will generate as one .pdf / Link will be e-mailed
    * (Suggestion: Use the same Sign Up and Log In email address and password as https://studentaid.gov)
  • Account holder will receive an annual reminder to submit for SLRP payment 30-Days from Anniversary Date!

Calculator

Difference NOT Paid by LRP ?
! Difference NOT Paid by LRP
Current Debt (-) Disbursed amount at time of contracting for LRP
Interest Rate Factor (Rate / 365 Days)
! Interest Rate Factor (Rate / 365 Days)
Rate (%) / Number of Days per Year (365.25). Ex. 4.6% = .046 / 365.25 = .00012594
Interest accrued per Day
! Interest accrued per Day
Interest Rate Factor x Loan(s) Balance
Interest accrued per Month
! Interest accrued per Month
Interest per Day x of days per month
Interest accrued per Year
! Interest accrued per Year
Interest per Day x 365 days per year
Interest Accrued over 6yrs
! Interest Accrued over 6yrs
Interest per Year x 6yrs (varies as Principal decreases)
Government Pays 15% Annually
! Government Pays 15% Annually
Anniversary Payment on each approved loan
Total Paid by LRP
! Total Paid by LRP
15% Annually x 6yrs = 90% of Disbursed Amount, (-) State and Federal Tax (Approximately 28%)
Service Member Debt Remaining
! Service Member Debt Remaining
Disbursed Amount (-) Total Paid by LRP
TOTAL DEBT
! TOTAL DEBT
(Difference NOT Paid by LRP + Interest Accrued over 6yrs + Service Member Debt Remaining)

Site is a game changer for Service Members that have the Student Loan Repayment Program.

  • Recruiters won't be slowed down by SLRP pre-approvals ever again!
  • Soldier's payment submission won't be denied as their NSLDS sheets will be all encompassing, not out of order, or missing a page!
  • All Incentive Offices DoD wide can now take part in celebrating timely payments with easier submission practices and Soldier communication!
  • Collectively this automation process has the potential to save half a million hours a year for all involved in the SLRP payment process mainly helping all Service Members.

Contact us